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Uber heads to court in fight for London survival

LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

Source: Reuters: Business News | 11 Dec 2017 | 1:02 pm(NZT)

Bitcoin futures trading begins on Cboe exchange in Chicago

Trading in futures contracts is a step towards legitimising the digital currency, its supporters say.

Source: BBC News - Business | 11 Dec 2017 | 12:55 pm(NZT)

Bitcoin futures start trading on CBOE exchange

NEW YORK (Reuters) - The newest way to bet on bitcoin arrived on Sunday, with futures of the cryptocurrency that has taken Wall Street by storm starting trading for the first time.

Source: Reuters: Business News | 11 Dec 2017 | 12:55 pm(NZT)

Kelly Ripa and Ryan Seacrest Specialize in Small Talk and Big Ratings

The homey “Live With Kelly and Ryan” sticks to light banter even as its NBC rival, Megyn Kelly, takes on weightier matters.

Source: NYT > Business Day | 11 Dec 2017 | 12:21 pm(NZT)

Trump Wants Washington Post Reporter Fired Over Misleading Tweet

The president said the reporter, Dave Weigel, should be fired for a photo he posted on Twitter of a sparsely filled arena before a rally for the president in Florida.

Source: NYT > Business Day | 11 Dec 2017 | 12:02 pm(NZT)



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Mediaset hopes truce with Vivendi to come with content deal with Telecom Italia: media

MILAN (Reuters) - Mediaset's chief executive said he hoped the shared interest over TV content with Telecom Italia (TIM) could pave the way to a truce with France's Vivendi , speaking in a interview published late on Sunday.

Source: Reuters: Business News | 11 Dec 2017 | 12:00 pm(NZT)

Britain's Labour Party looks to move some BoE functions away from London

(Reuters) - Britain's Labour Party is considering moving some of Bank of England's functions to Birmingham, from its current home in Threadneedle Street in the City of London, according to an interim report on the British financial system released on Sunday.

Source: Reuters: Business News | 11 Dec 2017 | 11:50 am(NZT)

Net Neutrality’s Holes in Europe May Offer Peek at Future in U.S.

Telecom operators have been pushing boundaries in Europe, where loopholes have left net neutrality regulations weaker than intended.

Source: NYT > Business Day | 11 Dec 2017 | 11:48 am(NZT)

Once the W.T.O.’s Biggest Supporter, U.S. Is Its Biggest Skeptic

The Trump administration isn’t alone in criticizing the World Trade Organization. But it may be the only country trying to subvert it.

Source: NYT > Business Day | 11 Dec 2017 | 11:43 am(NZT)

A Fed Rate Increase Is Expected. But What Comes Next?

The Federal Reserve has signaled its move this week. Investors, though, want to know whether the central bank will continue with its patient approach to rates.

Source: NYT > Business Day | 11 Dec 2017 | 11:32 am(NZT)



Ahead of Brexit, Paris Tries a Business Makeover

Hoping to woo companies that will move employees from London, leaders in Paris try to replace red tape with a red carpet.

Source: NYT > Business Day | 11 Dec 2017 | 11:32 am(NZT)

A political Fed

As Jerome Powell prepares to take over the Federal Reserve, is the era of central bank independence ending?

Source: BBC News - Business | 11 Dec 2017 | 9:30 am(NZT)

Steinhoff calls in Moelis and AlixPartners to advise ahead of lenders' meeting

BERLIN (Reuters) - Troubled international retail conglomerate Steinhoff , whose shares plunged last week after disclosing accounting problems, said on Sunday it had appointed two advisory firms ahead of a meeting with lenders on Dec. 19.

Source: Reuters: Business News | 11 Dec 2017 | 9:25 am(NZT)

Volkswagen Chief Suggests Ending Subsidies for Diesel Cars

In a major turnaround, Matthias Müller said that Germany should consider phasing out tax breaks that have encouraged diesel’s popularity in Europe.

Source: NYT > Business Day | 11 Dec 2017 | 9:18 am(NZT)

Brexit: David Davis wants 'Canada plus plus plus' trade deal

The Brexit secretary says he wants a tariff-free trade deal, as Labour suggests paying for market access.

Source: BBC News - Business | 11 Dec 2017 | 8:11 am(NZT)

Qatar buys 24 Eurofighter Typhoon jets in £6bn deal

The move will help safeguard thousands of jobs at BAE Systems, mainly at Warton in Lancashire.

Source: BBC News - Business | 11 Dec 2017 | 7:17 am(NZT)

After bitcoin’s wild week, traders brace for futures launch

NEW YORK (Reuters) - The newest way to bet on bitcoin will arrive on Sunday, when futures of the cryptocurrency that has taken Wall Street by a storm begin trading.

Source: Reuters: Business News | 11 Dec 2017 | 4:31 am(NZT)

Max Clifford dies in hospital aged 74

Former celebrity publicist Max Clifford has died in hospital, aged 74, after collapsing in prison.

Source: BBC News - Business | 11 Dec 2017 | 4:29 am(NZT)



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Thyssenkrupp makes offer to workers for Tata Steel deal: sources

BERLIN (Reuters) - Thyssenkrupp has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, several people close to labor union IG Metall said.

Source: Reuters: Business News | 11 Dec 2017 | 2:50 am(NZT)

Two-year degrees to lower tuition fees

Jo Johnson wants to change a system where three-year degrees have "crowded out" anything else.

Source: BBC News - Business | 11 Dec 2017 | 2:09 am(NZT)

Apple 'to buy Shazam for $400m'

The music recognition app already makes most of its money by referring music buyers to Apple's iTunes.

Source: BBC News - Business | 10 Dec 2017 | 11:07 pm(NZT)















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